We Intend To Begin A 7 Critical Gas Project To Support 15GW Power Generation-NNPC

We have started the framing workshop and subsequent project ceremony of the seven critical gas development projects (7CGDP) in other to deliver an accurate standard of 3.4 billion standard cubic feet of gas per day so that it will not affect the medium term supply gap by 2020 on an accelerated basis, This was said by the Group Managing Director of the Corporation, Dr. Maikanti Baru, Nigerian National Petroleum Corporation (NNPC) on Monday.

He further stated that the 7CGDP is a genuine process of the gas development strategy designed by NNPC to bring out the full potentials of gas and to meet the target of generating at least 15 gigawatts (GW) of electricity by 2020.

The group managing director of the corporation,dr. Maikanti Baru,NNPC also said at the presentation that the project would not only bridge the projected shortfall of supply when they are done,but it would also signal the beginning of the process of closing the demand and supply gap in the domestic gas market. NNPC has so far engaged two World class project management consultants namely, DeltaAfrik/Worley Parson & Crestech/penspen, the above companies will work with NPDC and NNPC JV partners and other stakeholders to achieve set projects goal.

They further listed the sole responsibilities of the project consultants which incliudes:

Working with NNPC and partners to re-validate and carry out relevant technical studies to propose development plans.

Dr. Baru explained that in addition to the above, the NNPC Project Management groups would strengthen oversight function on the seven (7) critical gas development projects by ensuring prompt decision making and timely approvals in line with international best practices.

The PMT are also expected to study and recommend fast-track tendering process for field development and project implementation, establish realistic cost benchmark(s) for identified projects and develop project schedules and cost estimates for the respective projects among others.

The NNPC GMD said the Corporation was working closely with other agencies like the Department of Petroleum Resources (DPR)and the Nigerian Content Monitoring and Development Board (NCMDB), among others, to ensure timely approvals for the project and also ensure that lease renewals requests related to these projects were supported for renewals by relevant agency.

Mr. Osagie Okunbor, Managing Director of Shell Petroleum Development Company (SPDC) which is handling three out of the seven projects, pledged the commitment of the company to the successful execution of the 7CGDP, noting that Shell was fully aligned with Nigeria’s gas strategy and aspirations.

High point of the event was the formal execution of agreement for the development of the 6.4 trillion cubic feet unitized gas fields (Samabri-Bisseni, Akri-Oguta, Ubie-Oshi fields by NNPC/Shell and NAOC JV.

The 7CGDP include: development of the 4.3 trillion cubic feet (TCF) Assa North/Ohaji South field; development of the 6.4 TCF Unitized Gas fields (Samabri-Biseni, Akri-Oguta, Ubie-Oshi and Afuo-Ogbainbri); and the development of 7TCF NPDC’s OML 26, 30 &42.

Others include: development of 2.2 TCF Shell Petroleum Development Company (SPDC) JV Gas Supply to Brass Fertilizer Company; cluster development of 5 TCF OML 13 to support the expansion of Seven Energy Uquo Gas Plant; and the cluster development of 10 TCF Okpokunou/Tuomo West (OML 35& 62).

Meanwhile the NNPC on Monday provided insight into the fire incident which ravaged parts of the PPMC Depot in Minna, Niger State.

Speaking to journalists on the sidelines of the 7CGDP launch in Lagos, the GMD said the fire incident which started late Saturday night after the collapse of the floating roof of one of the Petrol storage tanks had since been brought under control.

He thanked members of the neighboring communities, the security agencies and emergency services for their support and prompt response.

NAIJA SEES: We Intend To Begin A 7 Critical Gas Project To Support 15GW Power Generation-NNPC

We Intend To Begin A 7 Critical Gas Project To Support 15GW Power Generation-NNPC

He further stated that the 7CGDP is a genuine process of the gas development strategy designed by NNPC to bring out the full potentials of gas and to meet the target of generating at least 15 gigawatts (GW) of electricity by 2020.